The tour guide just looked at me and blinked when I started asking questions about the septic system, water treatment, how many BTUs the oil-fired boiler produced, the incredible technical challenges Wright had to conquer to build a luxury residence over a waterfall in the middle of a forest.

I am currently interning in the leasing department of a NYC real estate company right now so as to learn more, which is turning out to be incredibly interesting as I am observing the market in the wake of the tenant protection act passed by the New York legislature in June 2019. 

I added few touches for a comfortable, cozy environment.

I added few touches for a comfortable, cozy environment.

Or would banks typically not allow that.That could give me over $50k which I made from the sweat equity in the home, to go pay back my construction lender in incredible time, and leave me with another $25k in profit to invest elsewhere.Thats it...

The Chicago-Land market is incredibly high right now, properties that need to be completely torn down are attempting to be sold for $200K+.

@Jake RhodesBRRRR is an incredible way to scale quick unlike turnkeys.

the details are incredibly important hereIf you buy a retail house and use the HELOC for the downpayment, this leaves you with no equity.

@Jaron Smith - that mushroom needs not very much, but nevertheless a fertile environment to grow, particularly humidity.

The hard part is spending years of networking and meeting with investors to earn their trust so that when you do find that great deal (which BTW is also incredibly difficult in the current real estate cycle) they'll invest with you in short notice.